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Israel Weapon Industries (IWI), formerly the Magen division of the Israel Military Industries Ltd. (IMI), is an Israeli firearms manufacturer. It was founded in 1933. [ 2 ] Formerly owned by the State of Israel , the Small Arms Division of IMI was privatized and renamed IWI in 2005.
The manufacture of small weapons and explosives for the forerunners of the IDF had begun in secret arms factories during the 1930s. [12] Jewish units fought the 1948 Arab–Israeli War of 1947-1949 with Sten guns, grenades, light mortars, antitank guns, flamethrowers, and light ammunition, much of it produced in Israel with surplus United States machinery acquired as scrap after World War II. [12]
According to the SIPRI, Germany is one of the main suppliers of armaments to Israel, accounting for 30% of Israel's arms imports between 2019 and 2023. [5] According to the Federal Ministry for Economic Cooperation and Development ( BMZ ) report, Germany's defense exports to Israel worth about $353 million have so far increased almost 10 times from last year. the Deutsche Presse-Agentur (dpa ...
Israel had more companies listed in 2012 on the NASDAQ stock exchange than any country outside of the United States and China. [1] [2] As of 2011, some sixty Israeli companies are listed on the Nasdaq. [3] 2000 was the year that saw the most new Israeli listings on the exchange – 33 companies. [4]
During the Six-Day War, the military cooperation with France ceased (the French Weapons Embargo of 1967) and Israel began to rely on American weaponry and on local research and development. During the 1980s and 1990s, the IDF increased its supplies of American arms , armor and aircraft , aiming for technological superiority over Arab countries ...
Defense stocks typically rise after military conflicts but soon lose those gains. Following Russia’s invasion of Ukraine , the iShares defense ETF surged by 5%, with Lockheed Martin and Northrop ...
Rafael Advanced Defense Systems Ltd. (Hebrew: רפאל - מערכות לחימה מתקדמות בע"מ) is an Israeli defense technology company.It was founded as Israel's National R&D Defense Laboratory for the development of weapons and military technology within the Israeli Ministry of Defense; in 2002 it was incorporated as a limited company.
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